LYV - Live Nation Entertainment Q4 Earnings Highlights: Taylor Swift Effect Continues With Record Attendance Ticket Sales For Full Year | Benzinga
Concert venue owner and operator Live Nation Entertainment (NYSE:LYV) reported fourth-quarter financial results after market close Thursday.
Here are the key highlights.
What Happened: Live Nation reported fourth-quarter revenue of $5.84 billion, which was up 36% year-over-year. The revenue beat a Street consensus estimate of $4.77 billion according to data from Benzinga Pro.
The company reported adjusted earnings per share of $1.37, which beat a Street estimate of a loss of $1.03 per share.
Full-year revenue was $22.7 billion, which was up 36% year-over-year.
"The live music industry reached new heights ...